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China’s Oct trade data (USD): Trade surplus widens, but misses estimates

The China customs published trade balance for Oct in USD terms, reporting a slight miss on expectations in the Chinese exports, while the imports bettered estimates.

In USD terms,

Trade Balance (USD) Oct came in at 38.2B surplus versus 39.1B exp and 28.61B previous.

Exports (YoY) Oct: +6.9% (est. +7.1% and 8.1% last)

 Imports (YoY) Oct: +17.2% (est. +17.0% and 18.6% last)

China Exports (YoY) below forecasts (7.2%) in October: Actual (6.9%)

China Exports (YoY) below forecasts (7.2%) in October: Actual (6.9%)
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